Author Archives: Cointelegraph.com News

Polygon Studios’ Ryan Wyatt talks Web3’s core principles and fairer internet

Ryan Wyatt, the CEO of Polygon Studios, shares his thoughts on blockchain upgrades and his plans for Polygon in supporting the upcoming Web3 disruption. The year 2022 in crypto was eventful in many ways. However, the negative impacts of a bear market dampened the excitement around the blockchain upgrades that significantly brought crypto ecosystems closer to the[Read more…]

Traders expect 200% upside from MATIC, but does Polygon network data support that?

In the past year, Polygon  MATIC $0.9007 has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price up nearly 200%.  In addition to partnerships, blockchain adoption through network usage is important to examine. Blockchain[Read more…]

MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan

Polygon’s list of high-profile partners is getting longer, with Disney, Starbucks and Robinhood already boarding its blockchain. $0.9579 emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to the latest Instagram and JPMorgan announcements. Polygon in high-profile partnerships Notably, Meta, the parent company of Instagram, named Polygon as its initial[Read more…]

Axelar partners with Polygon to deliver cross-chain communication to Polygon Supernets

he partnership seeks to enable Ethereum ecosystem developers to have access to functions and users on Axelar’s dozens of connected chains. Cross-chain platform Axelar has announced a partnership with Polygon to deliver secure cross-chain communications to Polygon Supernets. The company said that Axelar’s partnership with Polygon will serve as infrastructure for an interoperable internet of dedicated Ethereum[Read more…]

BitPay to introduce USDC and ETH payments on Polygon network

Polygon-bridged cryptocurrencies like Ether, USDC, Dai and Wrapped Bitcoin are coming to BitPay later this week. Major cryptocurrency firm BitPay is expanding the scope of supported blockchain networks, preparing to debut payments in ERC-20 tokens on the Polygon network. On Oct. 26, BitPay and Polygon jointly announced the integration of Polygon on the BitPay app,[Read more…]

Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

MATIC has painted a bull flag setup with a profit target sitting nearly 100% higher than its current price. The price of Polygon’s MATIC ( MATIC $0.9396) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators. Polygon wins high-profile clients MATIC rose by[Read more…]

Nubank to launch loyalty tokens on the Polygon blockchain

Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months. Nubank, a fintech bank in Brazil, announced the creation of the Nucoin token on the Polygon blockchain on Oct. 19, paving the way for a rewards program for its 70 million clients across Latin America.  The company said that[Read more…]

Polygon powers India police complaint portal, battling corruption

The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated The 2.8 million citizens of India’s Firozabad district may now be able to sleep a little tighter after the launch of a new police complaint portal that uses[Read more…]

Polygon partners with ocean conservation NGO to advance ocean literacy

Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse. Decentralized Ethereum scaling platform, Polygon, has announced a partnership with the Ocean Conservation Exploration and Education Foundation (OCEEF) to promote ocean literacy through new creative, entertaining and engaging ways to give people exposure to deep[Read more…]

Skyweaver’s parent company secures $40M in Series A funding

The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors. Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by Brevan Howard Digital and Morgan Creek Digital, with[Read more…]